Anybody has any explanation why GBP is moving upwards when the assumed interest rate cut statement is due in a few hours? Does the market not take any such thing into consideration?

Cable Update (GBPUSD)

Do you mean you are going long?

Cable Update (GBPUSD)

Why is GBP shooting up so high a few hours ahead of the supposed interest cut news? Is the UK government planning on surprising us? Is it a normal pre-news phenomenon?

Cable Update (GBPUSD)

I wasn't around back then. Could you please tell me how the market reacted to the Feb cut and the March no cut? Thanks.

Cable Update (GBPUSD)

Better yet, they can cut 75bp, and banks can pay people to borrow money from them.

Malaysia

Which pair are you on board with?

Auslanco - GBP/JPY and GBP/USD (newstrade)

This is my story too. Hope things turn around for us.

Cable Update (GBPUSD)

Pardon my ignorance. Is that a signal to go short?

Cable Update (GBPUSD)

You are so right. But at least you are still in the money on live account.

Cable Update (GBPUSD)

Really? What makes you think it will go long? What's your entering price to buy?

Cable Update (GBPUSD)

What's a good entry point for short right now?

Cable Update (GBPUSD)

Why are you long? What's your target for this long? Thought the trend is short. But then I don't know anything.

Cable Update (GBPUSD)

Thought Halifax already came out, 3:00 AM GMT time. It's staying the same.

Cable Update (GBPUSD)

Thank you all so much for your reference. Will check out those sites. EU dropped fast just now. Hope you were all in the right position.

EURUSD

Where do I find master Abuawad's method? Seems like everybody believes his system is great. Trying to jump start.

Cable Update (GBPUSD)

Good luck you guys! I hope you gain tons today! Thanks for sharing your knowledge with me. I am just starting to learn the very basics. Where is the best place to find out about the Fibo, Bolinger, 4H, 1H, all the MA's, etc. etc.? Any books to read ...

EURUSD

Ultraman, Thank you for your explanation. I have to confess that I only understand a little of what you posted. I will do a lot of study to catch up and will take me some time. But can I ask you where you think EURUSD is headed today? Do you have a ...

EURUSD

Ultraman, could you please explain what was a clear signal to enter into a short position to you? I am a complete newbie. Thanks. scyang

EURUSD

Where is GBPUSD going today? — Hi Doris, Would like to know what you think this pair is going today in your Indonesia local time. Thanks. scyang

GBP/USD Updated with I-CHING Methode

GBPUSD up or down today? — I am brand new to forex trading and have no idea how to read any charts or look for any indicators. But I am helplessly stuck in a very low short position with GBPUSD. Most people have been saying that the pair is ...

Cable Update (GBPUSD)